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UK Competitiveness Index paints bleak economic picture for areas outside London

Academics say long-term decline forecast for large areas of the UK Significant parts of Britain will experience a decline in economic growth over the next twenty years, a study says. The 2019 edition of the UK Competitiveness Index is compiled by researchers at Cardiff University and Nottingham Business School. As well as assessing the competitiveness of localities in England, Wales and Scotland today, forecasts have been compiled data to predict how they will fare in the years to come. By...

Brits using almost twice as much energy as necessary to wash their laundry

Nearly half of Brits are still using almost twice as much energy as necessary to wash their laundry, according to research. A poll of 1,000 adults who are responsible for the washing in their household found 48 per cent set their machine to 40 degrees as standard. One in five believe washing above 30 degrees means ‘it gets the whites whiter’, and a further 34 per cent think a lower temperature wash means a sub-standard clean. However, if every household...

Financial services optimism falls at fastest pace since financial crisis

Sentiment and volumes are deteriorating sharply in the financial services sector, with various indicators at their lowest since the Financial Crisis of 2008, according to the latest CBI/PwC Financial Services Survey. The quarterly survey of 84 firms found that optimism about the overall business situation in the financial services sector plunged sharply, falling at the quickest pace since December 2008. Optimism has now been flat or falling for over three years. Business volumes fell for a second consecutive quarter, and...

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